Tag: AM/NS India cut list prices of hot-rolled plates for early-June sales

AM/NS India has cut hot-rolled plates (12-40mm, E250) price for early-June sales. Post-revision, prices stand at INR 67,500/t ($871/t) exy-Mumbai, excluding 18% GST, with effect from 01 June 2022. Increased selling pressure in the domestic market after the 15% export duty announced on 21 May 2022, and consistent decline in plate prices resulted in a…